[QODLink]
Europe

Iraqi Kurdistan's oil flows to Turkey

Ankara pledges not to export supplies without consent from Baghdad, which claims it has sole authority over Iraqi oil.

Last updated: 02 Jan 2014 13:50
Email Article
Print Article
Share article
Send Feedback
Baghdad says Kurdish efforts towards oil independence could lead to the break-up of the country [AP]

Crude oil has started flowing from Iraqi Kurdistan to Turkey but will not be exported worldwide without the Iraqi central government's permission.

Taner Yildiz, Turkish energy minister, said on Thursday that the oil would be kept in storage at the country's Ceyhan export hub and that he hoped that Ankara would reach a deal with Baghdad before the end of January.

"The flow of crude oil from Iraq has begun. It is being stored. It will not be exported without the consent of the Iraqi government," Yildiz said.

Iraq's central government has been angered by energy deals between Turkey and Iraqi Kurdistan because it claims it alone has the authority to manage Iraqi oil.

It says Kurdish efforts towards oil independence could lead to the break-up of the country.

Thursday's oil flow started weeks after Turkish assurances that oil exports from anywhere in Iraq needed Baghdad's approval.

However, sources close to the deal said that Turkey signed a multi-billion-dollar energy package with Iraqi Kurdistan in November that would help transform the Iraqi region into an oil and gas powerhouse.

Turkey says Iraqi Kurdistan's resources will help diversify its energy supplies and reduce its ballooning $60bn annual energy bill.

197

Source:
Agencies
Email Article
Print Article
Share article
Send Feedback
Featured on Al Jazeera
'Justice for All' demonstrations swell across the US over the deaths of African Americans in police encounters.
Six former Guantanamo detainees are now free in Uruguay with some hailing the decision to grant them asylum.
Disproportionately high number of Aboriginal people in prison highlights inequality and marginalisation, critics say.
Nearly half of Canadians have suffered inappropriate advances on the job - and the political arena is no exception.
Featured
Women's rights activists are demanding change after Hanna Lalango, 16, was gang-raped on a bus and left for dead.
Buried in Sweden's northern forest, Sorsele has welcomed many unaccompanied kids who help stabilise a town exodus.
A look at the changing face of North Korea, three years after the death of 'Dear Leader'.
While some fear a Muslim backlash after café killings, solidarity instead appears to be the order of the day.
Victims spared by the deadly disease are reporting blindness and other unexpected post-Ebola health issues.